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House Passes Budget

House Republicans passed budget legislation today that sets the stage for an ambitious tax bill that they plan to pass. The House measure includes language that would allow the Senator to pass a tax measure without invoking cloture. The Senate is proceeding on a separate track toward passing its own budget, which will have to be reconciled with the House version in the coming weeks.

The Senate Budget Committee was poised to finish work Thursday on a resolution that is more focused on the tax legislation than the House version.